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- What are the expenditure changes police’s that are used to cure unemployment when a nation faces unemployment with a surplus in the balance of payments and what epilepsy happen to the nation’s balance of paymentsIf the foreign price level increases by 3%, and the domestic price level increases by 20%, by what percent should the exchange rate of domestic currency per foreign currency increase, given relative PPP holds? Your answer should be an integer with a % sign assumed to follow (e.g., if you wish to say 48 percent, write 48). The percent increase in the exchange rate should beDuring 1995, the Mexican peso exchange rate rose from 5.33 peso/$ to 7.64 peso/$. At the same time, US inflation was approximately 3% in contrast to Mexican inflation of about 48.7%. By how much did the nominal value of the peso change during 1995? By how much did the real value of the peso change over this period?
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